GBP/USD – 1H – BUYThe currency pair breaks through the bearish trendline upwards
An ascent up to the next resistance line at 1.30476 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.28338 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30771 |
| 2nd High | 1.30708 |
| Next High | 1.30476 |
| Current Price | 1.29960 |
| Next Low | 1.28338 |
| 2nd Low | |
| 3rd Low |